Common use of Notice of Disqualifying Disposition of ISO Shares Clause in Contracts

Notice of Disqualifying Disposition of ISO Shares. To the extent this Option is an ISO, if Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the ISO on or before the later of (a) the date two (2) years after the Date of Grant, and (b) the date one (1) year after transfer of such Shares to Optionee upon exercise of this Option, then Optionee shall immediately notify the Company in writing of such disposition.

Appears in 10 contracts

Samples: Stock Option Agreement (Cadre Holdings, Inc.), Stock Option Agreement (Stamford Industrial Group, Inc.), Stock Option Agreement (Clarus Corp)

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Notice of Disqualifying Disposition of ISO Shares. To If the extent this Option is an ISO, if Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the an ISO on or before the later of (ai) the date two (2) years after the Date of Grantgrant date, and or (bii) the date one (1) year after transfer of such Shares to Optionee upon the exercise of this Optiondate, then the Optionee shall immediately notify the Company in writing of such disposition.. The Optionee agrees that he or she may be subject to income tax withholding by the Company on the compensation income recognized from such early disposition of ISO Shares by payment in cash or out of the current earnings paid to the Optionee,

Appears in 1 contract

Samples: Stock Option Agreement (E Loan Inc)

Notice of Disqualifying Disposition of ISO Shares. To the extent ------------------------------------------------- this Option is an ISO, if Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the ISO on or before the later of (a) the date two (2) years after the Date of Grant, and (b) the date one (1) year after transfer of such Shares to Optionee upon exercise of this Option, then Optionee shall immediately notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Stock Option Agreement (Ebay Inc)

Notice of Disqualifying Disposition of ISO Shares. To If the extent this Option is an ISO, and if Optionee Participant sells or otherwise disposes of any of the Shares acquired pursuant to the ISO on or before the later of (ai) the date two (2) years after the Date of Grant, and (bii) the date one (1) year after transfer of such Shares to Optionee Participant upon exercise of this the Option, then Optionee Participant shall immediately notify the Company in writing of such disposition.

Appears in 1 contract

Samples: Stock Option Agreement (VG Acquisition Corp.)

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Notice of Disqualifying Disposition of ISO Shares. To If the extent this Option is an ISO, if Optionee sells or otherwise disposes of any of the ISO Shares acquired pursuant to the an ISO on or before the later of (ai) the date two (2) years after the Date of Grantgrant date, and or (bii) the date one (1) year after transfer of such Shares to Optionee upon the exercise of this Optiondate, then the Optionee shall immediately promptly notify the Company in writing of such disposition. The Optionee agrees that he or she may be subject to income tax withholding by the Company on the compensation income recognized from such early disposition of ISO Shares by payment in cash or out of the current earnings paid to the Optionee.

Appears in 1 contract

Samples: Employment Agreement (Treasure Mountain Holdings Inc)

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